World: Costco, Prada and Starbucks challenged on human rights disclosures

A group of more than 175 big investors with $4.5tn in assets have written to 95 companies from Prada to Starbucks over a lack of transparency on human rights in their business and supply chains, calling for immediate action from some of the world’s best-known businesses.

The investors, which include Nordea and Aviva Investors, contacted the worst-performing companies on human rights due diligence according to a ranking from the Corporate Human Rights Benchmark, part of the World Benchmarking Alliance that tracks the treatment of employees and others in their supply chains.

Pauliina Murphy, engagement director at the WBA, said that with the outbreak of coronavirus it was more vital than ever that companies take human rights seriously.

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